Clique CEO Andy Powers indicted on 8 criminal counts
Clique CEO Andy Powers indicted on 8 criminal counts in the United States District Court for the Eastern District of Virginia, Alexandria Division on July 24, 2019. Clique’s (AKA Communiclique) Andy Powers faces 4 counts of wire fraud, 1 count of mail fraud, 1 count of inducing interstate travel to defraud, and 2 counts of unlawful monetary transactions. Add these charges to a $10 million judgment against Powers in a Virginia Court just a year ago.
- Wire fraud, February 17, 2016 – $1,000,0011
- Wire fraud, August 8, 2016 – $115,200
- Wire fraud, September 6, 2017 – $100,005
- Wire fraud, September 1, 2017 – $440,000
- Mail fraud, April 4, 2017
- Inducing interstate travel to defraud, November 29, 2016
- Unlawful Monetary Transaction, September 21, 2015 – $75,308 to purchase a 2015 GMC Yukon
- Unlawful Monetary Transaction, September 25, 2015 – $157,050 to purchase a 2015 BMW i8
The indictment also mentions the bonehead move by Powers when he admitted in a posted he defrauded investors (he called it a little mistake) on his website. If this imbecile had consulted an attorney, he would have been advised to not address the case in a public forum. These words came back to bite him.
“On or about October 24, 2018, after hearing of complaints from investors, ANDREW B. POWERS, for the purpose of concealing the true condition of CommuniClique and falsely assuring investors that their investments were safe, posted a statement on his website that he intended to fully repay investors and move the company forward.”
The US Attorney will be seeking prison time and has asked for $23,238,304 representing the amount of proceeds obtained by Powers as a result of his crimes. This is on top of the $10 million judgments the court awarded in a case brought by the Commonwealth of Virginia in July 2018.
Powers previously asked the court for a public defender is, according to Andy Medici of the Washington Business Journal is represented by, Eugene Gorokhov of D.C.-based Burnham & Gorokhov PLLC. Both attornies who represented Powers in the Commonwealth of Virginia and Deleware Bankruptcy case resigned from representing Powerss prior to the conclusion of the cases. Sources close to the case say that plea bargain negotiations are breaking down because Powers refuses to accept any guilt.
Powers is scheduled to be arraigned in the Eastern District of Virginia Court House in Alexandria at 11 AM on August 2.